Banks general
Govt gets LS nod for Rs80,000-cr PSB recapitalisation bonds
05 Jan 2018
These bonds are part of the proposed Rs1,35,000-crore recapitalisation bonds proposed to be issued over a two-year period
Govt gets LS nod for Rs80,000-cr PSB recapitalisation bonds
05 Jan 2018
These bonds are part of the proposed Rs1,35,000-crore recapitalisation bonds proposed to be issued over a two-year period
Banks raise Rs2,320 cr as fine on low balance accounts in Apr-November
02 Jan 2018
State Bank of India alone accounted for Rs1,771 crore, or more than half of the total Rs2,320-cr penalty that banks imposed on customers who failed to maintain minimum account balance
Bandhan Bank files IPO papers with Sebi
01 Jan 2018
Goldman to take $5bn hit from new tax regime, but gain ultimately
30 Dec 2017
As a result of the new tax changes introduced by President Trump, Goldman Sachs expects to report a loss for the last quarter of 2017, even though ultimately banks will be among the largest beneficiaries of the new tax code
IMF, World Bank call for tighter financial sector regulation in India
22 Dec 2017
Reserve Bank of India should be better equipped to pro-actively supervise banks and deal with issues related to bank boards, says an IMF-World Bank financial sector assessment report
RBI puts BoI, UBI under 'corrective action'
21 Dec 2017
Rs2,000 bank notes likely on way out, says SBI report
21 Dec 2017
A year after the high-value Rs2,000 bank notes replaced the demonetised Rs1,000 notes, the Reserve Bank is reported to be in the process of recalling the new notes, says a report
Airtel to return Rs190 cr gas subsidy in unauthorised accounts
19 Dec 2017
Both Airtel and Airtel Payments bank came under fire after Airtel allegedly opened accounts of its mobile phone subscribers without seeking their "informed consent", with LPG subsidy worth crores of rupees being deposited to these accounts
Airtel banned from e-KYC over opening unauthorised bank accounts
18 Dec 2017
The UIDAI suspended the e-KYC licence key of Bharti Airtel and Airtel Payment Bank after finding that Airtel was using the Aadhaar numbers given for SIM cards to open bank accounts without customers’ consent